Shikiar Asset Management Inc. Raises Holdings in FTAI Aviation Ltd. (NASDAQ:FTAIN)

Shikiar Asset Management Inc. raised its stake in FTAI Aviation Ltd. (NASDAQ:FTAIN) by 10.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,650 shares of the company’s stock after purchasing an additional 4,250 shares during the period. Shikiar Asset Management Inc.’s holdings in FTAI Aviation were worth $1,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

FTAI Aviation Price Performance

Shares of FTAI Aviation stock opened at $25.26 on Friday. The business has a 50-day simple moving average of $25.79 and a 200-day simple moving average of $25.71. FTAI Aviation Ltd. has a one year low of $24.52 and a one year high of $26.49.

FTAI Aviation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were issued a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a yield of 8.17%. The ex-dividend date was Monday, December 2nd.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.